ANSYS Acquires SpaceClaim for $85,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=72b17d22-e52b-488a-9312-03d6a929909f - Date
5/1/2014 - Company Name
SpaceClaim - Mailing Address
150 Baker Ave Ext. Concord, MA 01742 USA - Company Description
SpaceClaim Corporation provides breakthrough mechanical design technology that enhances engineers’ productivity by empowering them to contribute to, consume, and share mechanical designs in 3D digital format. - Website
http://www.spaceclaim.com - Transaction Type
M&A - Transaction Amount
$85,000,000 - Transaction Round
- Proceeds Purposes
- M&A Terms
ANSYS (ANSS), a global leader and innovator of engineering simulation software, announced today that it has acquired SpaceClaim Corporation, a leading provider of fast and intuitive 3-D modeling software for engineers, for a purchase price of $85 million in cash, plus retention and an adjustment for working capital.
